Category: Finance Dictionary

When a business needs their marketing and advertising services outsourced, these agents specialize in just that. Agencies in the B2B business contract their services on a paid per performance basis.

An order typically from a large institutional investor to a broker to purchase all the shares available at the market from the specialist and other brokers and dealers at the current offer

A sequence of 8 bits (enough to represent one character of alphanumeric data) processed as a single unit of information.

The time a body takes to process half a substance in it. AKA biological half life, biological half time, metabolic half life, and metabolic half time.

A process where the BANK OF ENGLAND attempts to influence UK money supply indirectly by dealing in TREASURY BILLS through its own account, at market rates. See also FRONT DOOR.

The inventory left after orders are processed and the manufacturing needs are met. The parts used or bought are taken out of the inventory records to get an idea of what a

1. another resource used to make sure an activity can go on. Or a project that is done if a primary one cannot be done. 2. saving data on disk that are

When balls serve as friction in a bearing. It is designed to reduce friction.

A big hotel room that the public can use and serve food in. AKA banqueting room and function room.

A COMPLEX DERIVATIVE contract that creates or extinguishes an underlying EUROPEAN OPTION as the price of the market reference moves through a specified BARRIER. Four versions of the barrier option are commonly

A CREDIT DERIVATIVE contract that involves the exchange of a fixed or floating PREMIUM for a compensatory payment if one or more reference credits in a predefined BASKET DEFAULTS. The swap provides

The way hotels measure occupancy. It is one person per bed per night.

A rate that is less than the commercial bank lending rate. They are offered to the low or moderate income customers.

A tax rule that states people pay taxes based on benefits they get from the state.

To indicate or signal at a trend. If stock doesnt perform than the market will not either.

A payoff thats the same as paying off two options. Refer to worst of two option.

The most that a buyer will pay and the lowest a seller will accept. The difference in these prices is the spread.

A retail store with the layout of a box or square if seen from above. There is a large floor space and many items for sale. They are located in suburban areas.

The weight of a shipment on the freight bill. Its used to compute the freight.

A model used to show option values in different time periods at different prices. Only two prices are used in the model. The reality is that the price may have more than